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Global ratings 23
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Type of review

Revainrating 5 out of 5

Matic is known as the Ethereum of India

Matic Network (MATIC) is a Side Chain-based expansion solution for Public Blockchain. Based on Plasma technology, Matic Network provides scalability for side chains while ensuring user experience, as well as the security and decentralization of Blockchain. It is dubbed the Ethereum of India and is considered by the cryptocurrency community to be a potential coin. Matic has a total supply of 10 billion and is in circulation of nearly 3 billion. Matic is rated as one of Binance's most…

Pros
  • Highlights of Matic are technology with instant solvency, quick swap and third party liquidity to join the network.
  • Backed by the cryptocurrency community, there's Binance on the back
  • It solve the problem of transaction speed, network expansion, security ... of the current Blockchain.
  • Matic token is the number of IEO tokens added to the margin transaction on binance proving it has enough liquidity
  • Good and experienced team with developed in India is a potential place for Crypto
Cons
  • There are times when MATIC prices are dumped very deeply
  • Dapp developers have many options not only for MATIC but also other projects

Revainrating 4 out of 5

Interconnection solution between chains.

It offers highly scalable transactions, with high performance to process more transactions in less time and according to technical details it will be easier to use by users connected to different applications and wallets. It is a connection protocol for Dapps, and encrypted wallets   from end to end. In general, this platform is similar to that of others, which consists of the construction of side chains using the ethernet network as a base, offers a decentralized platform that performs…

Pros
  • Highly scalable
  • chain connection
  • More transactions in less time.
  • Seeks to optimize use for end users.
  • Mobile wallet available.  
Cons
  • Some services are currently under development.
  • Without many uses.  

Revainrating 5 out of 5

Binance approved

- Sidechains are operated by validators or even individuals. Plasma was created just for ethereum, but more and more projects started to implement her. Some of the team members from matic were personally creating plasma before there was even thought about matic tokens. - Using plasma in sidechains and upgrading proof of stake protocol. Should ensure that matic will be greatly scalable. - One sidechain should take up to 10 000 TPS (transactions per second) and by adding more sidechains they…

Pros
  • IEO on binance provides hype and project exposure
  • Sidechain
  • User-friendly platform
Cons
  • None